Resilience Digest June’24
Hospitals Struggle in the Aftermath of Cyber Attacks
In News Now
Ransomware attack on England’s health system highlights life-threatening impact of cyber crime.
Cyber defense: securing the EU’s digital border.
European Businesses Anticipate More Cybersecurity Attacks, But Feel Unprepared for Them | Cloudflare
Why
- Alongside water, energy, food, finance, transport and waste disposal, hospitals are part of the critical infrastructure at local and national level.
- The recovery is estimated to take several weeks.
- Importance of healthcare infrastructure behind hospitals is crucial, which is demonstrated by a case in the USA (Octopharma), where 150 plasma donation centres had to be closed as a result of a cyber-attack.
What to Ask
- Does my organization have an incident response plan specifically for ransomware attacks?
- How often is this plan tested and updated?
- How are we building organisational cyber resilience?
- What are the current cybersecurity defenses in place to protect against ransomware attacks?
Extreme Weather and Natural Hazards Frequent Europe
In News Now
Flood situation in southern Germany remains tense.
Extreme weather ravages Europe with record heat and severe storms.
Weather tracker: Heavy rain in Switzerland and Italy causes flooding.
Why
- Given the situation, these events can no longer be seen as random isolated incidents.
- The focus should therefore be on what companies can do to counter such natural hazards.
- Extreme weather situations ranging from record high temperatures, tornadoes, widespread flooding, record-high water levels.
What to Ask
- What leadership role can my company take in promoting broader industry and governmental initiatives to improve resilience and preparedness?
- Are there innovative solutions being adopted to enhance infrastructure resilience and emergency response efficiency?
- What programs are in place to educate employees about environmental risks, prevention techniques, and emergency response procedures?
Are You Prepared for Potential Supply Chain Disruptions?
In News Now
Chinese Investment in Europe Is Changing.
European ports are being flooded with cocaine, with record seizures in Hamburg.
How to stay Resilient for Supply Chain Disruptions – F24
Why
- Both direct investment and M&A are in sharp decline.
- This concerns the strategic choice of business partners and the structure of the supply chain.
- Possibility of supply chain disruption due to tighter controls and raids in harbours due to increased awareness of drug smuggling.
What to Ask
- What comprehensive risk management strategies are in place to address potential economic and geopolitical shifts affecting investments and operations?
- How diversified is my company’s current supply chain? Are there over-dependency on single countries or regions that could pose risks?